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EuroMotif
Aug 11, 2021 2:17 AM

XLM.usd touching a MAJOR fib at $ 0.3193, key Recovery step here 

Stellar / United States DollarCoinbase

Description

Shown here is a very high timeframe fib series.
Each level is a major "node" in XLM growth levels.
Strong resistance here, break and retest should run.
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I do not use "Fibs" in the "traditional" manner (retracements).
I use Fibs to plot "Ripples" (extensions) created by "Impulses".
Then look for "Confluences" to map the "interference Pattern".

My TV collection of ideas detailing the Concepts:
Chapter 1:

Chapter 2:

Chapter 3:

Chapter 4:

Chapter 5:

Chapter 6:

Chapter 7:


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Comments
Helical_Trades
Wonderful analysis here
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